What a Gold Rate Actually Buys
A rate is meaningless without a purity and a unit. 22K at a 24K rate overpays by 9.09%, and one tola is…
Converts between karat, millesimal fineness and percentage gold, and shows the hallmark each standard is stamped with.
Karat, millesimal fineness, percentage gold and the hallmark stamp for any purity.
| The formula | fineness = karat ÷ 24 × 1000 |
|---|---|
| 22K | 916.67 fineness, stamped 916 |
| 18K | exactly 750 fineness, 75% gold |
| 14K | 583.33 fineness but stamped 585 — the mark furthest above its own arithmetic |
| Karat is not carat | Carat is a gemstone mass unit of exactly 0.2 g |
| Privacy | Everything runs in your browser. Nothing you enter is sent anywhere |
Karat, fineness and percentage are definitional and never change. Everything involving money depends on the rate, the charges and the deduction you enter — none of which are stored on this site, because they move constantly. Hallmarking law and the legal minimum karat differ by country; check your national assay office before relying on a stamp.
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